Teaching cutbacks should I still go to university to become a teacher?

There has been a 30% cutback from the school system teachers, administration, and any other positions in the school system. I have 5 years ahead of me to become a teacher but now I am nervous to become one since of the cut backs, I don't want to be in 50,000.00$ in debt and not be able to find a job... but it's a job I think I would love. Is there any other similar careers out there like teaching?